tomo logo

$550,000

Beds
4
Baths
3.0
sq ft
Unknown

2843 Merritt Dr, Buford, GA 30518

2843 Merritt Dr

Buford, GA 30518

  • 76 days on market
This is a great opportunity to own a home with a dock on Lake Lanier. This property is unique and there is nothing like it on the market in the area. The backyard is private with a level path to its own platform dock and Lake Lanier., Recently renovated. New driveway, new paint, new carpet, beautiful tile floors. Move in ready! Large deck overlooking private and fenced rear yard. This would be a great rental property or a perfect residence. No restrictions in the neighborhood No HOA OR RENTAL RESTRICTIONS. Brand new super wide driveway.This house is Very large with a possible five bedrooms. Two on main with a huge loft/bedroom and a full master bedroom and bath on the upper level. It’s move-in condition. The family room is a large vaulted open concept that adjoins the kitchen and dining area. This property backs up to the corps of Lake Lanier property. There is a fairly level tranquil short path that leads to the platform dock that is permitted with this house. Located in a serene cove it’s perfect for family and swimming. Ecellent parking with the double driveway. Room for a boat, lake toys and automobiles. Access to lake. Go through the backyard and turn right to the path, go across the small bridge and it will take you to the second platform dock which is permitted for this property. This home is the perfect getaway for intown residents who want lake life at a minimum price. Excellent value. This is a very large house. The tax records do not reflect the square footage in the finished basement. Move-in condition. Nice quiet street. Dead ends at Lake Lanier. Excellent close-in South Hall location.convenient to the amenities, restaurants at Lake Lanier and only 10 minutes from historic downtown Great restaurants. Great schools. Great location. Minutes from I985. Walking distance to Holiday Marina. Super close to hospital, medical centers , Sugar Hill, etc. Call for appointment. This would be the perfect second home for lake lovers!

Details

Property type

Single Family Residence

Est. home value

$486,235

Lot size

8,712 sq ft

Price per sq ft

Unknown

Year built

1990

Annual property taxes

$3,811

HOA

No

Price History

08/25/2024
FMLS

FMLS #7441866

Listed
$550,000
+79.74%
04/27/2020
FMLS

FMLS #6671429

Sold
$306,000

Schools & Community

Elementary school: 

Friendship

Middle school: 

C.W. Davis

High school: 

Flowery Branch

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Fairway Independent Mortgage

Loan start date

April 2020

Original loan amount

$275,400

Est. remaining balance

$249,548

Interest rate

3.36%

Loan type

New Conventional, 30 year

Seller

Richard Newell Reyenger

Lender

Fairway Independent Mortgage

Loan start date

April 2020

Original loan amount

$275,400

Est. remaining balance

$249,548

Interest rate

3.36%

Loan type

New Conventional, 30 year

Seller

Richard Newell Reyenger

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 4:20 AM

Listing updated: 10/10/2024 at 6:26 PM

Listed by: Barbara D Nix, Osley Williams and Associates, Inc. Phone #: (770) 886-3995

MLS: FMLS #7441866

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